Business ideas are observations paired with hunches. Observation: "This is what people are doing. This is what people want. This is where the market is headed." Hunch: "Here's a way we could help people to get the result they want. (And do it better than what's available)."
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On the flip side, there's a chance of building something you won't be passionate about. There's a sweet spot for an idea to thrive between what you and
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I’m saying there needs to be alignment between all three. Without market demand, the triangle collapses. “What you can provide” + “What you want” (without market demand) can be a good hobby, but not a business.pic.twitter.com/l7kThwHlfp
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Would much rather talk about this than Tweet about this, but markets are plentiful. Almost every idea has a market. Never more markets than today. They key are costs. The higher your costs, the smaller your market. Keep your costs ruthlessly low and you can make a lot work out.
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I'd love to hear you two on a podcast! :)
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